St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-01-14

the speculation much more widely dis
tributed The Southern stocks, however,
overshadowed everything else and rumors in
regard to the negotiations bel ween them were
freely circulated. In the afternoon when it
became known that the terminal people had
appointed committee to inquire into the
condition of certain roads, especially the East
Tennessee. the first mentioned stock showed
activity and strength, while the Norfolk s.
Western and East Tennessee were weaker and
stationery. The sales of the last two stocks
mentioned were reported to be for inside ac-
counts, and in view of the generally accepted
theory in regard to the negotiations with the
terminal company, the weakness in the for
mer is inexplicable. The Nickel Plate Securi-
ties became prominent late in the day upon
the circulation of a rum or that a settlement
had been arrived at with the Lake Shore The
effect of this was also shown in the general
market. The general list presents little or
no feature of interest. The opening was
generally strong, advan noes over last even
iug's final figures ranging up to "a per cent.
The trading in the general list was quiet and
prices generally heavy until toward the end
of the first hour, when
A GENERAL IMPROVEMENT
took plack. Richmond & West Point early
became the special feature, its transactions
being very large, and after some hesitation it
became remarkably strong. The general
market, after a rally, became stationary. and
so emained until the last hour, when there
was renewed activity and strength displayed
by the entire marketand the close was strong
at or near the best figures. Sales, 34S, 647
shares. Richmond s. West Point furnished
1885: Reading 22, 305: Norfolk g. Western
preferred, 2I,7S5; Texas Pacific, 2O,065.
Everything on the active list, with one or two
exceptions, is higher this evening. Richmond
& West Point gained 31S; Nickel Plate pre-
ferred, 81; New England, ~; Cameron Coal,
IA; Texas Pacific, "; Tennessee Coal,
3H. Railroad bonds felt the stimulus
of the renewed interest in the speculation
and were not only more active, but firm to
strong. Sales. $2,50T000. The special feat
urcs were Texas Pacific income trust re-
ceipts, in which the sales were 100000, St.
Paul, Chicago g. Pacific 5s, S25S 600, and
Nickel Plate trust receipts, 1921, 900. The
latter was affected by the rumored settlement
with Lake Shore, while the Texas Pacific is
sues in company with the stock were stronger
upon new developments in regard to the re-
organization. Northwestern sinking fund
IS, registered, gained g to lis; Milwaukee,
Lake Shore & Western, Ashland division Us,
27a, to us; Nickel Plate 1sts 214 to 1924, and
the trust receipts, 324 to 9434. The
total sales of stocks to-day were 34S 647 shares,
including:
Del. Lack & w. 6,22O St. Paul. ... .121, 800
Erie. 5,760St. Paul s. o.. 3,3O5
Lake Shore. ..... Anita P. as mt pd) 2O.Q65
Louis & Nash. $3.50 Union Pacific. S,375
NV Jersey Cenl Is, 600 Western Union. 1926
Reading. ...... .22, 305 New England. :. II, 455
GERM ANA BANK,
Corner Fifth and Wabasha streets. opposite Pos
Office.
CAPITAL 100000
ALEX. RAMSEY. Prest ANTHONY YoERG. Jr., Y. Pr.
VIM. BICKE Cashier. PM KERsr Asst. Cash.
THE CAPITAL BANK,
Drake Block. st Paul Mimi
CAPITAL 100000. SURPLUS $4,000
L. L. REED, President; WD. KIRK. Cashier
J.W WAIT III san ..,4